49880 MU

had another decent day with a lot of small scores. will do my best to answer some questions tomorrow. really tired and want to get up early for the thursday grind though

Makeup is debt to the extent that it is money you are paying back off your future scores but yeah, it's still better to be done 200k of another person's money than 200k of your own as you are going through your swings.

MU isnt debt

Since I am staked myself this has been fairly interesting to read cuz I ve been viewing MU as debt. Is this just some little technicality nittery going on ITT or what?

IMO when I m down money from the initial stake I owe the backer that difference. It can and should come from future scores but it s up to me to decide to repay that difference from my mcdonalds savings back in the day right? If so MU qualifies as debt between friends imo?

Obv zima is a staking pro so please feel free to correct my thinking

Also best of luck to lipo clearing this whateveritactuallyis

answer to the bolded part of your statement = no

Porque?

Zima knows more about the logic than me, but since I don't come from a country that uses USD, I've always seen my makeup figure (in USD) as something like a score in a video game that goes up and down. It's not money until I obtain a high enough score that I can cash out and get it into my bank account.

lipo- curious as to your SCOOP schedule and if you plan on playing WSOP or sticking to strictly online.

i think zima is just trying to make sure that being staked sounds as appealing as possible :P

but in all seriousness very impressive climbing out of such big MU, gl closing it out

Haha, well personally as someone who's been involved in multiple debates about backing over the past couple years, I would be glad to see Zima correct some of the huge misconceptions going around about how it works.

"But you're giving away half your profit!"
"But you don't get to decide what games you play!"
"But you're always in debt!"
"But you just have too big an ego to play lower stakes!"

Sigh.

You have a voice in choosing the games you play, but no you don't get to decide.
And you do "trade" half of your profit to a backer so you can use his roll.

I don't see the first two as being misconceptions

agree with the last two being silly

Because make up isn't paid 1:1. Otherwise why the eff would you choose to be staked? If you win you give up a % and if you lose you pay it all? When someone quits, make up is generally bought out for a an amount less than the total sum. Again, otherwise what would be the point? Effectively all of the risk with none of the benefit of playing on your own.

You're only 'giving away' your profit in the same way businesses 'give away' their profit to investors. You're not giving away anything, both parties are making an investment and receiving a commensurate reward.

And 'you don't get to decide' is just semantics, unless you have a ****ty backer or deeply value your right to play in games you're less +EV in. Pretty much any good backer will have you in the games you're most +EV in, which should be the games you would be playing anyway, unless you're a degen.

cuz if backed i can play games i m otherwise not rolled for ldo? i mean honestly i d not be backed currently had i not approached bustoville last year cuz my ev in the games i m currently playing obviously is less than it would be if i were playing on my own roll now that i pay my backer x%.

dont think ppl get staked cuz they are looking for a way to not have to pay back all/most of the loss if they lose (unless scummy)

other reasons may include mental game stuff like not my money not my variance type stuff i guess.

anyways Lipofunds thread so sry for derailing in part

Yea, definitely misunderstood my point, primarily because I said it terribly. There are a lot of reasons to be staked other than the reason I listed. And I'm not in anyway saying one should go into a staking relationship because he can get out for less losses. I personally don't believe in ending a staking relationship in MU unless the horse gets dropped. But regardless, if you owed all of the MU at any point in the relationship, it would be a truly terrible deal for the horse. In that case it would make much more sense to borrow the money from a friend or family member or even a bank as the interest rate for any profitable grinder playing stakes that they can live off of would end up being less $ than most staking %'s end up equaling for the staker.

another successful day! didnt come until the end though, and still left a lot of money on the tables, but very happy to have turned a profit

2nd 75 10k ftp
2nd stars 109 turbo
2nd stars 109 2x turbo
3rd ftp 20c turbo

going to try to answer some of the questions and comments now. getting ready for another long weekend of poker. aiming to play at least 40 hours the next 3 days.

no i dont use any custom rebuy settings. SS skews it somewhat, but not by a ton. i dont play a lot of rebuys, and my rebuy strategy is a very conservative one (even in satellites), so i probably get in closer to "average" than most regs.

there are definitely worse clouds to be trapped under. thanks for the kind words. i look forward to grinding out of this and moving forward. i'm not sure what moving forward will immediately entail, but my mind is open to a lot of different avenues.

Jakdarikada I have to say I agree with your evaluation of what makeup is the most, and could not have put it better myself.

everyone will be back in my house before scoop starts. i'm sure we'll head to TJ for dinner. i'll be sure to hit you up so we can meet up for some drinks/food

i'm already a big armin fan. saw him at creamfields peru last year for the first time. and have been listening to ASOT for about as long as i've been playing poker. thanks for the kind words


yea, i'm definitely looking forward to SCOOP. i lost a lot last year, and i'm rolling into this year's with a lot of momentum. i have a vendetta against SCOOP/SCOOP satties specifically and i plan to do very well in them this time around. i've worked really hard to improve my game, and this is like a playoff season


makeup isnt debt, and it isnt a technicality.


down to 46.5k makeup. primed to be a solid weekend

lipo i'm interested how many tables do u play at time(which sites), and how much mtt's u play per session

and gl @the tables

just noticed I haven't posted ITT, just wanted to let you know I'm following

GL clearing the last of this!

glad to see u crushing again marty. see u in vegas or maybe new orleans? gl during scoop

everyone will be back in my house before scoop starts. i'm sure we'll head to TJ for dinner. i'll be sure to hit you up so we can meet up for some drinks/food
'Awesome cant wait to hear from you and gl this weekend

nice job in the 30r 3x turbo shipping that $10,300 seat

Its been fun watching you the last few months.

thanks for staying unblocked recently, makes watching so much easier

good luck in scoop!

yea felt good, that seat saved an otherwise awful day, and i just said how bad i wanted to get the SCOOP sats

down to 42k

huge weekend. ipops, pokerfest and mini ftops. a lot of scores will clear this weekend. putting in 30+ hours between today and tomorrow.

gl to everyone

How do so many MSMTT grinders seem to live nice lives when they seem to be constantly in makeup?

im in MU for ages as well ...with fpp's and rewards i barely make the rent and food, so im curious about others too